On July 1, 2019, the Tennessee Sports Gaming Act entered into impact as Gov. Bill Lee consented to enable the bill to end up being law without his signature. Gov. Lee emphatically opposed gaming but comprehended that legal online sports betting was in his state's best interest.

Review this timeline of Tennessee's sports betting gambling history for a summary of its turning points:

Dec. 12, 2024: Tennessee makes a record-breaking $591 million deal with in November, going beyond the state's previous high by $47 million.

Nov. 14, 2024: Tennessee sports wagerers wager a record $551 million in October.

Oct. 25, 2024: Tennessee fines Bovada $50k (and counting), for accepting wagers without a license. The Sports Wagering Council (SWC) had actually previously sent cease-and-desist letters to the online sportsbook's Curacao address.

Oct. 18, 2024: Bally Bet officially goes live in Tennessee, making it the 12th online operator in the state.

Sept. 19, 2024: Tennessee Titans' Nicholas Petit-Frere signs up with a sports betting business as a fantasy specialist after being suspended for sports betting formerly.

Sept. 12, 2024: Tennessee increases its sports wagering deal with and profits in August thanks to the return of football.

July 23, 2024: A Tennessee male wins $900K at Fanatic Sportsbook after correctly choosing the outcome of four 2024 T-Mobile Crowning achievement Derby matches.
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July 22, 2024: SuperBook Sports pulls out of 8 post-PASPA states, consisting of Tennessee.

July 12, 2024: Tennessee's SWAC releases June sports betting wagering numbers. With a $344.8 million handle, TN sportsbooks see a 49% boost in year-over-year action.

March 12, 2024: Tennessee's sports betting handle falls listed below $400 million in February - an 18.6% month-over-month decrease.

Feb. 24, 2024: Tennessee's sports betting manage continues to fall in January, generating $467.4 million in wagers, which is a 5.5% MoM reduction.

Jan. 25, 2024: PrizePicks adds a new peer-to-peer game in Tennessee and 3 other U.S. states - PrizePicks Arena.

Jan. 17, 2024: Tennessee's sports betting wagering deal with drops below $500 million in December, which is a 4.2% drop from November.

Nov. 14, 2023: ESPN BET goes deal with online and mobile sports wagering, introducing in Tennessee and 16 other states.

Nov. 2, 2023: ESPN BET plans to launch on Nov. 14, 2023, with online sports betting going reside in 17 U.S. states, consisting of Tennessee.

Aug. 11, 2023: WynnBET Tennessee announces the closure of its online sports betting operation as quickly as possible.

June 28, 2023: Tennessee will quickly tax sportsbooks based upon their wagering handle rather of their profits.

June 13, 2023: ZenSports launches in Tennessee, making it the thirteenth mobile operator in the state.

May 18, 2023: Gov. Bill Lee approves changes to Tennessee's sports betting tax guideline.
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May 1, 2023: Fanatics Sportsbook releases its mobile app in Tennessee and Ohio.

April 27, 2023: Fanatics plans to release its sports betting app in Tennessee on Monday, May 1. Current Fanatics customers will get an to access the app.

April 25, 2023: Yahoo acquires Wagr, a social peer-to-peer sportsbook app founded in Nashville, TN.

April 21, 2023: Your house authorizes HB 1362, a changed version of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will end up being the first state to tax sports betting operators on their total deal with. A 1.85% tax on sports betting manage would replace the existing 20% tax on gross earnings.

April 19, 2023: Tennessee sportsbooks take in $392.6 million in sports betting bets in March - a 20% bump from the state's February deal with.

March 1, 2023: Fanatics receives its mobile sports wagering license in Tennessee. However, it has no specific launch date prepared.

Feb. 24, 2023: Following a strong proving in December, Tennessee's sports wagering handle fell in January by almost 7%.

Feb. 15, 2023: The sports betting Wagering Advisory Council (SWAC) estimates that Tennessee missed out on about $11 million in tax earnings in 2022 due to the fact that several operators - including Caesars, DraftKings, and BetMGM - stopped working to hit the state's 10% hold guideline.

Feb. 13, 2023: ZenSports, recently gotten by KeyStar Corp, might become Tennessee's 14th legal betting site if its application is authorized.

Dec. 19, 2022: BetMGM is named a main sports betting partner of the Nashville Predators. The multi-year partnership consists of a BetMGM-branded restaurant and signage at Bridgestone Arena.
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Dec. 15, 2022: November wagering equates to a brand-new Tennessee sportsbook betting record, as wagering websites handled $439.5 million in wagers.

Nov. 11, 2022: Tennessee sports wagering hits a record high in October, as the state records an all-time manage of $405.3 million.

Oct. 24, 2022: Tennessee's sports betting wagering regulator authorizes license renewals for BetMGM, DraftKings, FanDuel, and Action 24/7.

Oct. 18, 2022: Tennessee sports betting in September saw a huge boost compared to August, as online sportsbooks produced more than $336.9 million in bets.
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Sept. 6, 2022: Hard Rock Sportsbook introduces in the state, ending up being TN's 11th active sportsbook.

Aug. 16, 2022: Tennessee ends up being the third state to introduce a Betly online sportsbook.

Aug. 3, 2022: Caesars Sportsbook becomes a main sports betting partner of the Memphis Grizzlies.

April 27, 2022: SuperBook releases sportsbook operations in Tennessee.

April 14, 2022: Wagr, a Tennessee-based sportsbook, becomes the official sports wagering partner of the MLS' Nashville FC.

March 10, 2022: The Tennessee Sports Wagering Advisory Council (SWAC) authorizes three brand-new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch online operations, TN will be up to 13 certified sportsbooks.

Feb. 17, 2022: Tennessee signs up an all-time single-month record of $386 million in sports wagering handle for January.

Feb. 10, 2022: Fubo is approved as the 10th sportsbook for online wagering in Tennessee. A launch date is not revealed.

Jan. 24, 2022: Wagr became the first peer-to-peer wagering platform to get a license in the U.S. and is the ninth lawfully licensed sportsbook operator in Tennessee.

Jan. 4, 2022: Record profits produced by Tennessee-licensed sportsbooks continue, with near to $40 million in November.

Jan. 1, 2022: SWAC takes over the regulation of sports betting from the Tennessee Education Lottery.

Dec. 17, 2021: The Sports Wagering Advisory Council (SWAC) will assume sports betting regulative duties in January following a handoff from TELC.

Nov. 17, 2021: Tennessee becomes the fifth-fastest state to surpass $2 billion in bets, registering $2.335 billion in sports wagering handle during the very first 12 months.

October 2021: The Volunteer State recorded its largest-ever monthly handle in September